Omnia at Richmond Hill
Property Description
Build-for-Rent (BFR) homes are newly constructed properties designed specifically for renting, typically built in communities of 50 to 200 units, and operate similar to an apartment building. As home ownership costs soar and the demand for larger living spaces increases, BFR stands out as the next major asset class in real estate as it capitalizes on the growing need for single-family rentals (SFRs). Our BFR strategy involves bulk purchasing directly from builders and managing the rental process, allowing for superior pricing and returns compared to acquiring individual, already-completed homes.
Omnia at Richmond Hill, our 93-unit rental home community located in the fast-growing Savannah metropolitan area, has remained a steady performer within our Sunbelt portfolio. Since acquiring the already-stabilized asset in May 2024, the property has maintained healthy occupancy (90%+)—supported by consistent renter demand and a local housing market defined by limited new supply.
PROPERTY TYPE: BUILT FOR RENT
INVESTMENT STRATEGY: CORE PLUS
CONTRACT DURATION: 3 YEARS
MINIMUM INVESTMENT: $25,000
Location
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$25,000.00 USD
Per square feet amountAvailable: 9 Square Feet
41 Square Feet |
$1,025,000.00 USD
(82%)
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Investment Type
Onetime
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Profit
10%
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Profit Schedule
Repeat (Monthly)
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Profit Repeat
36 Times
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Capital Back
Yes
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Profit Return
After Investment Completion
Real Estate Investor
Michael Sanderson
Join 1 month ago
faran schmid
Join 1 week agoLatest Properties
